ABSTRACT Retailing is one of the very important industries in the economy which includes all the activities involved in selling of goods and services to the final consumers for their personal and non-business uses. The Indian retail industry is the fifth largest sector and second largest consumer market in the world. Indian retail sector contributed 10 percent to the country’s GDP and 8 percent of employment opportunity; 8 percent of Indian retail sector was constituted by organized retail sector and remaining 92 percent by unorganized retailing in 2012-13. A major development in the recent times has been the emergence of different retail formats across the world such as supermarkets, hypermarkets, category killers, catalog showrooms and discount
The Ministry has approved proposals for foreign collaborations, industrial licenses as well as joint ventures and 100 per cent export oriented units. In India food processing industry and beverage industry is one of the largest industries. India ranks fifth in terms of production, consumption and exports. This is mainly because of cosmopolitan lifestyle, shortage of time and easily available to people. Food processing industry's annual turnover is more than 2, 50,000 crore.
As per Nielsen reports, the Indian E-commerce market is valued US $16 billion and is expected to reach US $ 100 billion by 2020 with 300 million online customers. The size of the E-tailing market is US $ 1.8 billion with a year on year growth of 55%. About 65% males and 35% females contribute to the digital shopper today. 55% of the digital shoppers lie in the age group of 26-35 years while 35% is contributed by the age group of 18-35 years, the remaining 10% is contributed by the age group of 35+. While Apparels and computer software are most favored segments through e-commerce with 21% & 18% respectively, the segment showing a high growth is Grocery & Food segment with a growth of 80% over the last six months.
1.2.1 Brief about the Indian Retail Industry: The India Retail Industry is the largest among all the industries, accounting for over 10 per cent of the country’s GDP and around 8 per cent of the employment. The Retail Industry in India has come forth as one of the most dynamic and fast paced industries with several players entering the market. But all of them have not yet tasted success because of the heavy initial investments that are required to break even with other companies and compete with them. The India Retail Industry is gradually inching its way towards becoming the next boom industry. The total concept and idea of shopping has undergone an attention drawing change in terms of format and consumer buying behavior, ushering in a revolution in shopping in India.
Also it is remarkable the fact that Wal-Mart sell both, brand products and own label products, that are even cheaper. 184.108.40.206. Competitive in information systems The retailer was the developer of many technological and innovative advances, as the bar code. Lately, the company has launched an app called Scan & Go with which users can scan and bag merchandise and pay at a self-checkout kiosk after presenting the data from their phones.
It contributes to about 10 percent of the GDP and accounts to 8 percent of the employment in India. The overall retail industry is growing at the rate of 12 percent per annum and it is being expected to reach US$ 1 trillion by the year 2020 from US$ 600 billion as in the year 2015 (Indian Brand Equity Foundation). The unorganised retail sector is again divided into the family owned stores and the kirana stores which is approximately more than 12 million and spreads across more than 600,000 villages and more than 5000 towns in India (Venkatesh, 2008; Halepeteet al., 2008). The family owned stores are better maintained and organised than the kirana stores. The kirana stores operates through small stalls which are either moving or fixed (small rooms) and they keep product assortments which basically are of low price and are being regularly consumed by the households (Halepeteet al., 2008; Srivastava, 2008; Sathish and Raju, 2010; Ramkrishnan, 2010).
Supply chain planning varies as with respect to the retail format. For example a hypermarket which deals with close to 100 plus brands has a different planning altogether and an exclusive brand outlet has a different supply chain planning. The retail spending in the top seven Indian cities of India currently amounts to Rs 3.58 trillion (US$ 57.56 billion), with organized retail penetration at 19% in 2014. India’s retail market is expected to double to US$ 1 trillion by 2020 from US$ 600 billion in 2015 driven by income growth, urbanization and attitudinal shifts, highlighted the Boston Consulting Group and Retailers Association of India’s report titled, ‘Retail 2020: Retrospect, Reinvent, Rewrite’ Supply Chain Planning for Fashion Retailer in India Supply chain planning for a fashion retailer in India is also more or less the same as global fashion retailer. Similar to any other country Indian fashion market also contains International brands and Indian brands.
Indian telecom industry has gone through a high pace of market liberalization and growth since the 1990s and now has become the most competitive in the world and one of the fastest growing telecom markets. The Industry has grown over 20 times in just 10 years, from under 37 million subscribers in the year 2001 to more than 840 million subscribers in the year 2011. India has the world’s 2nd largest mobile phone user base with more than 930.12 million users as of May 2012. It has the world’s 2nd largest Internet user-base with over 300 million as of June 2015. Telecommunication has helped in the socioeconomic development of India and has played a significant role to narrow down the rural and urban digitalization divide to some extent.
The India Retail Industry is the largest among all the industries, accounting for over 10 % of the country’s GDP and around 8 % of the employment. The Retail Industry in India has evolved into one of the most dynamic and fast paced industries with several players entering the market. But not all of them have yet been